Baker Hughes to supply 17 pipeline centrifugal compressors driven by state-of-the-art aeroderivative gas turbines Award builds on Master Gas System Phase 1 & 2 agreement, which saw Baker Hughes deliver 18 centrifugal compressors driven by aeroderivative gas turbines New pipeline aims to increase gas distribution across Saudi Arabia, supporting the Kingdom’s ambition to reduce …
U.S. natural gas futures rose more than 2% on Monday, as an increase in feedgas to the Freeport LNG export plant and a drop in output outweighed lower demand forecasts for next week and a mild weather outlook. Front-month gas futures for May delivery on the New York Mercantile Exchange rose 3.9 cents, or 2.2%, …
U.S. Natgas Prices up Over 2% on Rising Feedgas to Freeport LNG Read More »
Ascent Resources received a positive outlook from Fitch Ratings as the company has grown into Ohio’s No. 1 gas and No. 2 Utica oil producer, according to state data.
Summary Prices down after jumping $1 on strong euro zone PMI data U.S. Senate to take up aid package with Iran oil sanctions Political backdrop fraught with many risks: ANZ April 23 (Reuters) – Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market weighed the …
Oil Falls Back After Robust EU Data as Mideast Tensions Linger Read More »
Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
The move reflects skepticism within the U.S. government that the technology will develop quickly enough to become a significant tool to decarbonize the electricity industry.
Politics and tariffs may delay ownership transfer of the Trans Mountain Pipeline, which the Canadian government spent CA$34 billion to build.
TotalEnergies is acquiring the remaining 50% interest of upstream gas operator SapuraOMV, bringing the French company’s tab to more than $1.4 billion.
Marsa LNG is expected to start production by first quarter 2028 with TotalEnergies holding 80% interest in the project and Oman National Oil Co. holding 20%.
Tudor, Pickering, Holt and Co. (TPH) expects fairly tight heavy crude discounts in the U.S. this summer and beyond owing to lower imports of Canadian, Mexican and Venezuelan crudes.
